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Wednesday, November 09, 2005

Wednesday mix: markups and more

- Sorry to be late noting the NLIHC Memo to Members that appeared Monday. Much legislative and other news including the skinny on conference negotiations for the housing appropriations bill.

- Further on legislative updates, Novogradac yesterday posted the Senate Finance Committee release of the 149-page "chairman's mark" version of the "Tax Relief Act of 2005," prepared by the staff of the Joint Committee on Taxation. It would include a temporary doubling of low-income housing tax credits (LIHTC) available to Alabama, Louisiana and Mississippi -- language probably borrowed from HR 3769. The document says the Senate Committee on Finance will mark up the bill tomorrow.

- In today's postings, GAO questions whether the federal government may have overpaid contractors for recovery work after hurricanes Katrina and Rita. The main example given has to do with portable classrooms, not housing, but it might be worth a look for folks following the contracting issues.
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